Blarney Company applies manufacturing overhead by using a predetermined rate of 50% of direct labor cost. The data that follow pertain to job no. 764: Direct material Cost $\quad\$ 55,000$
Direct labor cost $\quad\quad 80,000$ If Blarney adds a 40% markup on total cost to generate a profit, which of the following choices depicts a portion of the accounting needed to record the sale of job no. 764?
A) Choice A
B) Choice B
C) Choice C
D) Choice D
E) Choice E

Question

Blarney Company applies manufacturing overhead by using a predetermined rate of 50% of direct labor cost. The data that follow pertain to job no. 764: Direct material Cost $\quad\$ 55,000$
Direct labor cost $\quad\quad 80,000$ If Blarney adds a 40% markup on total cost to generate a profit, which of the following choices depicts a portion of the accounting needed to record the sale of job no. 764? 
A) Choice A 
B) Choice B 
C) Choice C 
D) Choice D 
E) Choice E

Quizplus · Accepted Answer

The Answer of Blarney Company applies manufacturing overhead by using a predetermined rate of 50% of direct labor cost. The data that follow pertain to job no. 764: Direct material Cost $\quad\$ 55,000$
Direct labor cost $\quad\quad 80,000$ If Blarney adds a 40% markup on total cost to generate a profit, which of the following choices depicts a portion of the accounting needed to record the sale of job no. 764? 
A) Choice A 
B) Choice B 
C) Choice C 
D) Choice D 
E) Choice E

Blarney Company Applies Manufacturing Overhead by Using a Predetermined Rate $55,000\quad\$ 55,000$55,000

Blarney Company Applies Manufacturing Overhead by Using a Predetermined Rate $\quad\$ 55,000$